EU Fears Impact
Of Poland's Move
On Bank Controls

BRUSSELS -- European Union regulators and the European Central Bank warned Poland it is threatening the stability of the EU's banking, insurance and securities systems.

A letter sent to the Polish finance ministry Oct. 12 by EU internal market commissioner Charlie McCreevy shows the EU and the ECB are taking a hard line against Warsaw's moves to wrest supervisory powers from the country's central bank. Poland recently passed a law...